{
  "url": "https://openlegislation.uk/pensions-act-2004/schedule-12/paragraph-50",
  "json_url": "https://openlegislation.uk/pensions-act-2004/schedule-12/paragraph-50.json",
  "legislation": "ukpga/2004/35",
  "legislation_title": "Pensions Act 2004",
  "legislation_url": "https://openlegislation.uk/pensions-act-2004",
  "path": "schedule/12/paragraph/50",
  "kind": "paragraph",
  "number": "50",
  "heading": null,
  "text": "(1) Section 38 (power to defer winding up) is amended as follows.\n(2) In subsection (2)—\n(a) in paragraph (a) after “scheme” insert “ (other than those due to be paid before the determination is made) ”, and\n(b) in paragraph (b) omit “new”.\n(3) After subsection (3) insert—\n“(4) This section also does not apply in relation to a trust scheme where the trustees are required to wind up, or continue the winding up, of the scheme under section 154(1) of the Pensions Act 2004 (requirement to wind up certain schemes with sufficient assets to meet protected liabilities).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 12 para. 50 in force at 9.12.2005 by S.I. 2005/3331, art. 2(2), Sch. Pt. 2"
    }
  ],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "ukpga/2015/8",
      "affecting_title": "Pension Schemes Act 2015"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/35/schedule/12/paragraph/50",
    "retrieved_at": "2026-10-29T09:16:45.114281+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}